Hyderabad: University of Hyderabad (UoH) has finally signed the Institution of Eminence (IoE) Memorandum of Understanding (MoU) with the Ministry of Human Resources and Development (MHRD) at New Delhi on Monday.
The MoU was signed in between P. Sardar Singh, Registrar, UoH and LVSSS Subba Rao, Senior Economic Advisor to the Government of India; MHRD signed and exchanged the MoU.
As an IoE, the University receives additional grants, with financial and administrative autonomy to execute its plans, spread across 15 years. The IoE status demands that within next 10 years, the University must move into the top 500 Institutions of the world.
The financial assistance would be to the tune of Rs 1000 crore or 50 to 75% of the requirement projected in the perspective and detailed plans of the institution, whichever is less, in a span of five years starting from the financial year of declaration of Institute as Institution of Eminence.
The university said it has drawn up detailed plans for the execution of the IoE, which it treats
as a major step toward improving the quality of research and teaching not to mention services and amenities for its students.
The plan includes putting in place national and international collaborations for research, development of new programmes and courses, interdisciplinary studies, increasing enrolment of students including foreign students, hiring of experts from the industry, improvement in faculty-student ratio, global faculty recruitment, among others.
Pertinently, University of Hyderabad had submitted its application on December 12, 2017 for IoE status. After the approval from the Empowered Expert Committee, the UoH was declared Institution of Eminence on September 4, 2019.